The Globe and Mail reports in its Friday, May 1, edition that Gildan Activewear reported a loss of $65.8-million in its latest quarter compared with a profit of $84.7-million a year ago as it faced costs related to its purchase and integration of Hanesbrands (all figures U.S.). A Canadian Press dispatch to The Globe reports that the Montreal-based clothing maker, which keeps its books in U.S. dollars, says the loss amounted to 36 cents per share for the quarter ended March 29 compared with a profit of 56 cents per share a year earlier. On an adjusted basis, Gildan says it earned 43 cents per diluted share from continuing operations in its latest quarter, down from 59 cents per diluted share in the same quarter last year. Net sales totalled $1.17-billion for the quarter, up from $711.7-million a year earlier. The quarter results were the first full quarter that included Hanesbrands consolidated into Gildan's financial results. Looking ahead, Gildan said the integration of Hanesbrands is progressing as planned and it is on pace to realize about $100-million in synergies in 2026 and continues to expect about $250-million of annual run-rate cost synergies over the next three years.